categories

HOT TOPICS

Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 1)

Posted on Wednesday, Aug 12th

Chris had significant domain knowledge in the hedge fund industry. He has self-financed a successful company offering to secure virtualization services to the segment with high service levels. Sramana Mitra: Let’s start at the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of background? Chris

Read Full Article »

Building a Unicorn from Prague: Avast CEO Vince Steckler (Part 5)

Posted on Tuesday, Aug 11th

Sramana Mitra: Tell me how you got there. Vince Steckler: It’s basically a few things. When the company went into France, we started at the community side. The competition in France at that time had English language products, which doesn’t really go very real well in France. So we built a French language product. Since

Read Full Article »

Building a Unicorn from Prague: Avast CEO Vince Steckler (Part 4)

Posted on Monday, Aug 10th

Vince Steckler: It was very intriguing because it was a very engineering-oriented company. Of the 40 people, there was one person in Finance, one person in Marketing and Sales, and 38 engineers. They weren’t doing very good business because there wasn’t anyone paying attention to it. I actually joined there taking what people would probably consider

Read Full Article »

Building a Unicorn from Prague: Avast CEO Vince Steckler (Part 3)

Posted on Sunday, Aug 9th

Sramana Mitra: How much were they doing at that point? Vince Steckler: In 2008, they did about $18 million in revenue. Sramana Mitra: This was all self-financed? Vince Steckler: Yes. The company had actually never taken any investment into its treasury. The company, by the way, is a Unicorn. We’re worth well over a billion

Read Full Article »

Building a Unicorn from Prague: Avast CEO Vince Steckler (Part 1)

Posted on Friday, Aug 7th

Vince has built a $300 million a year security software company out of Prague, with a global customer base. Fantastic story, a must read! Sramana Mitra: Let’s start at the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of background? Vince Steckler: I’m originally from

Read Full Article »

Bootstrapping a Virtual Company to Scale: Taso Du Val, CEO of Toptal (Part 7)

Posted on Wednesday, Aug 5th

Sramana Mitra: Have you bootstrapped your company all the way or have you raised money along the way? Taso Du Val: We raised a really small round for approximately $1.4 million with some really great individuals. It was a seed round, so it was not a priced round. We still consider ourselves a bootstrapped startup. Hence,

Read Full Article »

Bootstrapping a Virtual Company to Scale: Taso Du Val, CEO of Toptal (Part 5)

Posted on Tuesday, Aug 4th

Sramana Mitra: I’ll just benchmark it by saying oDesk, for instance, charges 10% of the contract value. Tell me what the additional value is that you’re adding to the process. Taso Du Val: We screen all of the individuals for you. Not only for our network but also for your specific request. There are many

Read Full Article »

Building an AI-Driven Sales Optimization Company: Vincent Yang, CEO of EverString (Part 6)

Posted on Monday, Aug 3rd

Sramana Mitra: What else is interesting strategically in how you’ve navigated the story so far? How many customers do you have now? Vincent Yang: I think we have four or five dozen customers. The growth rate is actually pretty fast. Sramana Mitra: What’s the pricing model? What’s the business model? Vincent Yang: The core of

Read Full Article »